When you are new to the trading audience, one of the most important decisions is to choose a broker you can rely on. To make it easy for you, we selected and tested the best brokers, compared them and included them in our options for comparing trading brokers. The mission of our site is to provide you with the most accurate, truthful and relevant information about trading platforms and brokers from around the world. Following these useful tips, you are just a few steps from the Best Forex Brokers in India. So read, compare, feel free to open an account now!
ForexTime or FXTM is an international professional who provides an expanded range of online trading and investment services in the international currency market for clients from 99 countries. The main advantages are fast processing of orders under the best conditions, reliability, convenience and a wide range of services in the personal workspace.
Broker ForexTime has a solid license and a good reputation for customers, as evidenced by positive reviews. Traders will have access to a wide range of trading instruments. You can use currency pairs, precious metals, futures, contracts for difference. The total number of trading instruments is more than 100.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
IFC Markets provides its customers with financial instruments trading services both on organized trading floors and outside of them using NetTradeX trading platform and MetaTrader 4 and MetaTrader 5 platforms. The company strives for market leadership and provides its customers with the best service and trading conditions, largely being a pioneer in its field of activity.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
SimpleFX allows traders from 160 countries to enter international trading floors and work with the most advanced financial instruments. The company is registered in Saint Vincent and the Grenadines. The broker indicates that his clients are more than 200,000 traders from around the world. And his main advantages are the best prices, execution and liquidity, innovative trading technologies, the multiplicity of trading tools, the ability to trade year-round and the provision of security guarantees for client funds.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
In 2006, the FxPro was founded and serves more than one million customers from 170 countries from around the world. During this time, the company managed to obtain licenses from CySEC, FCA, MiFID and create a positive image and reputation. The broker serves private and institutional clients. FxPro is a broker that conducts transparent work and takes care of maintaining the capital of its customers. That is why, all deposits of FxPro clients are insured and located separately from the company's funds in leading international banks.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 500
Swissquote Bank was founded in 1996 and is considered the titan of the foreign exchange market. Acts as a global partner of the Manchester United club. It offers popular financial services: online banking, lending, robo-consulting and Forex trading. Traders trade on a professional platform, provides training, online lectures, demo accounts.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:100 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1000
GAIN Capital Holding's «Forex» is regulated by FCA in the UK and the respective regulatory agencies in the US (NFA), Japan, Hong Kong, Singapore, Cayman Islands, Australia and Canada. The broker is actively promoting its services in the Asian region. It is popular with beginners and advanced traders alike, with a proprietary platform FOREXTrader Pro that offers plenty of charting capabilities and intuitive trading.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: No \ Deposit: $/€/£ - 50
An international company with a turnover of $20 billion is automatically credible. A company registered in Ireland entered the global financial market in 2006. Customers can choose from several types of platforms. Beginners begin to get acquainted with the intricacies of working on a financial exchange with a demo account. Due to these features, reviews about the AvaTrade broker are mostly positive.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: No \ Hedging: Yes \ Deposit: $/€/£ - 100
City Index one of the best CFD brokers in UK offering low spread worldwide markets for trading. The company provides online trading services in more than 140 countries around the world. Traders have access to over 12,000 markets across the board using MetaTrader, Advantage Web, AT Pro. More than 100,000 retail investors worldwide are now using the City Index. They provide services at fair and transparent prices, as well as some of the best customer support. All transactions are carried out with minimal spreads and commissions.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
EasyForex was established in 2003 and currently acts as a broker with global reach. It provides its services in over 160 countries worldwide, offering trading in 175 products ranging from currencies, CFDs, commodities and metals, to options on both its proprietary platform and the ever popular MetaTrader. Simple and professional business solutions. From world-class trading platforms with expanded order execution and risk management tools to real-time market data and real-time streaming, Easy-Forex ® helps partners deliver advanced trading technologies and solutions to customers worldwide and is suitable for all skill levels.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:400 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 25
The company provides traders with access to the financial markets, allowing them to trade thousands of assets. These financial assets include stocks, forex, cryptocurrencies, CFDs, commodities, and indices. IG has been known to provide top-notch services to their customers over the past few decades, allowing them to access effective trading tools, an economic calendar, market analysis, daily news, an intuitive trading platform, educational resources and other vital resources.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
Clients of the bank are thousands of private investors and traders from more than 100 countries of the world. Customer service is carried out from the headquarters of the bank in Copenhagen, as well as from 12 offices located in major cities in the world. Trading is carried out online using the SaxoTrader program, which is a bank's own development. In addition to SaxoTrader, Saxo Bank offers Saxo WebTrader and Saxo MobileTrader Internet programs that allow transactions through an Internet browser and mobile phones.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:200 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 10,000
The work of HF Markets is regulated by CySEC and has the necessary international license from this organization, according to which the broker has the right to provide investment services around the world. The company provides software and tools for trading Forex and trading commodities online. All company customers can use the interbank market spreads and access to liquidity using modern automated platforms. It is possible to choose favorable conditions for trade. All orders are executed instantly through ECN/STP systems.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:1000 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 50
Pepperstone is a regulated Forex and CFD broker from Australia which is licenced by the ASIC. This broker allows to trade with Forex, precious metals in the spot market and CFD on different markets, including stocks and indices. As a pure ECN/STP broker, it has many liquidity providers, such as major global banks. The clients of Pepperstone can trade with variable and low spreads, excellent market quotes and market depth access. The company has chosen as a partner the National Bank of Australia with an +AA credit rating. For traders, this means that they will always have access to the best available prices to secure their position as a leading broker.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:500 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 200
Plus500 is an industry leader providing CFDs and trading opportunities for Cracyptocurrency, Forex, Stocks, ETFs, Commodities, Indices and Options. All trading instruments on Plus500 are used. The trading platform comes from Plus500 Ltd, which takes several steps to protect customer funds and ensure uninterrupted user interaction. Plus500 portfolio currently has over 2,000 instruments. The company has several branches in Cyprus, South Africa, New Zealand and Singapore, and the main office is located in London.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
NAGA ever since its inception, in 2015, has been all about making the world of trading, investing and managing financial assets open and much easier for everyone. Regulated by CySEC, you will find a safe and reliable platform with many advanced features and tools compared to other platforms. An interesting addition to their portfolio of financial products is NAGA Group, a Fintech group trading on Frankfurt Stock Exchange. They use the NAGA Coin within the NAGA Wallet and NAGA Ecosystem.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:300 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 100
Forex broker OANDA is an active participant in financial markets. The company stands out among traditional forex dealers, because in addition to providing customers with access to the foreign exchange market, it is also a market maker. Due to this, as well as a well-deserved reputation for over 20 years, the OANDA broker is very popular among traders around the world. The company is primarily focused on providing brokerage services to users from Europe, USA, Australia and Japan. This is a broker known to experienced traders.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:50 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 1
eToro one of the world's largest social networks for traders, which has a reputation as a reliable CFD broker registered in Cyprus. Developers position the company as a network of social trading, where you can independently trade currencies, stocks, cryptocurrencies, indices, goods, copy transactions of successful traders or investors, and discuss trading and investment decisions.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:400 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
Interactive Brokers is an American broker that ranks first in the US in the number of daily trades on the trading platform. The high rating is explained by the large number of tools available to customers in the terminal, which are almost incomparable with other companies working on Forex. The broker aims to create trading technologies that provide liquidity for traders on the best possible terms, which is why the Interactive Brokers Group, Inc. is so competitive in the context of the offered prices, execution speeds and a variety of online trading products.
Demo: Yes \ Crypto: Yes \ Social: Yes \ Leverage: 1:50 \ Scalping: Yes \ Hedging: Yes \ Deposit: $/€/£ - 10,000
HY Markets (HYCM) company provides a variety of financial services in more than 140 countries. HY Markets brokerage company headquarters are located in London, Hong Kong and Cyprus. HY Markets is regulated by the British Economic Control Authority, Cyprus Securities and Exchange Commission, Cayman Islands Financial Authority, Dubai Financial Regulatory Authority, and Supervisory and Regulatory Authority of Saint Vincent and Grenadines business companies.
Demo: Yes \ Crypto: Yes \ Social: No \ Leverage: 1:300 \ Scalping: No \ Hedging: No \ Deposit: $/€/£ - 100
How to Choose the Best Broker?
Here we have provided a list of India Forex Brokers 2022 with all the significant comparison factors that will help you choose a reliable broker for trading. Moreover, depending on trading skills, different traders prefer different brokers. If you are a beginner who is trying to improve his technique, then characteristics such as reliability and a user-friendly interface are exactly what you need to look for. More advanced traders should also pay attention to good bonuses or intuitive platforms. To choose the most profitable platform and broker, make sure in each review of the broker and highlight the following features:
- Impeccable reputation. When it comes to the best brokers and platforms, reputation is everything. Our site exists to provide you with updated information about the best brokers who deserve your trust;
- Excellent reliability. This factor consists of 2 required things. First, the broker must be officially licensed by the authority of the state in which it is located. Secondly, a reliable broker is obliged to provide protection that covers both financial activities and personal data;
- Functional customer service. Brokers are not just websites, but platforms on which a lot of money is put. That is why customer service is mandatory, and the best brokers offer it around the clock and in several languages;
- Intuitive platform. Make sure that the tools used by the broker are simple and understandable so that you do not need to spend time understanding how they work;
- Good bonus system. Many recently created and fraudulent brokers choose a strategy to attract attention to the platform, offering incredibly huge bonuses. In some cases, this can be a trap. Not all brokers are as good and relevant as their bonus system. Just make sure the other features are in order. However, bonuses of brokerage companies have been and remain one of the most attractive parts of trading;
- Special amenities. Along with bonuses, there are some other additional amenities that you should look for as well. These include a personal account manager, an educational center for beginners, the ability to trade multiple assets, and so on.
Our goal is to provide information and brokerage reviews to help you make the right and deliberate choice. Be sure and consider our helpful tips to choose the best brokerage name on the list.